Monday, 3 December 2012

UK gas trading probe could trigger new rules -

A probe into possible price manipulation in Britain's gas market, Europe's largest, could result in tighter regulation of energy trading, Angela Knight, chief executive of the EnergyUK lobby group, said on Friday.

"We need to see whether there is any more that needs to be done so there's the proper regulation in place to secure confidence in the market," said Knight, who moved to EnergyUK in September after heading the British Bankers' Association (BBA).